Capital Roots Inc
Capital Roots Inc shows strong financial growth and consistent surpluses with no reported officer compensation.
EIN: 141596291 · Troy, NY · NTEE: C410 · Updated: 2026-03-28
Is Capital Roots Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capital Roots Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capital Roots Inc
Capital Roots Inc (EIN: 141596291) is a nonprofit organization based in Troy, NY, classified under NTEE code C410. The organization reported total revenue of $3.2M and total assets of $12.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Roots Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Capital Roots Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Capital Roots Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Capital Roots Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with over $3 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Capital Roots Inc's IRS 990 filings:
- Increasing liabilities, though currently covered by assets.
Strengths
The following positive indicators were identified for Capital Roots Inc:
- Consistent revenue growth over the past decade.
- Significant asset accumulation, increasing from $3.8M to $12.7M.
- Consistent financial surpluses, indicating efficient management.
- 0% reported officer compensation across all filings, demonstrating high efficiency.
- Strong financial health with assets significantly exceeding liabilities.
Frequently Asked Questions about Capital Roots Inc
Is Capital Roots Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Capital Roots Inc (EIN: 141596291) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Capital Roots Inc spend its money?
Capital Roots Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Capital Roots Inc tax-deductible?
Capital Roots Inc is registered as a tax-exempt nonprofit (EIN: 141596291). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Capital Roots Inc a good charity?
Based on its financial health, consistent surpluses, significant asset growth, and zero reported officer compensation, Capital Roots Inc appears to be a very well-managed and efficient charity.
How has Capital Roots Inc's financial position changed over time?
Capital Roots Inc has experienced substantial financial growth, with revenues increasing from $2,614,356 in 2014 to $3,349,920 in 2023, and assets growing from $3,824,615 to $12,773,421 over the same period.
What is the trend in Capital Roots Inc's liabilities?
Liabilities have shown an increasing trend, from $1,367,083 in 2014 to $5,846,371 in 2023, which should be monitored but is currently supported by significant asset growth.
How does Capital Roots Inc manage its executive compensation?
Capital Roots Inc reports 0% officer compensation in all available filings, suggesting a highly cost-effective approach to executive leadership, potentially through volunteer efforts or alternative compensation structures.
Filing History
IRS 990 filing history for Capital Roots Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Capital Roots Inc's revenue has grown by 216.5%, moving from $1.1M to $3.3M. Total assets increased by 1164.8% over the same period, from $1.0M to $12.8M. Total functional expenses rose by 182.2%, from $948K to $2.7M. In its most recent filing year (2023), Capital Roots Inc reported a surplus of $674K, with revenue exceeding expenses. The organization holds $5.8M in liabilities against $12.8M in assets (debt-to-asset ratio: 45.8%), resulting in net assets of $6.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $2.7M | $12.8M | $5.8M | — | — |
| 2022 | $2.8M | $2.5M | $12.7M | $6.5M | — | View 990 |
| 2021 | $2.9M | $2.4M | $6.6M | $597K | — | View 990 |
| 2020 | $3.2M | $2.4M | $5.8M | $327K | — | View 990 |
| 2019 | $2.5M | $2.3M | $5.4M | $749K | — | View 990 |
| 2018 | $2.9M | $2.1M | $5.4M | $1.0M | — | View 990 |
| 2017 | $2.1M | $2.1M | $4.3M | $759K | — | View 990 |
| 2016 | $2.1M | $1.8M | $4.6M | $1.1M | — | View 990 |
| 2015 | $2.0M | $1.5M | $4.8M | $1.6M | — | View 990 |
| 2014 | $2.6M | $1.5M | $3.8M | $1.4M | — | View 990 |
| 2013 | $1.6M | $1.3M | $1.8M | $474K | — | View 990 |
| 2012 | $1.3M | $1.1M | $1.1M | $76K | — | View 990 |
| 2011 | $1.1M | $948K | $1.0M | $120K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $2.7M, and assets of $12.8M (revenue +21.0% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.5M, and assets of $12.7M (revenue -6.0% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.4M, and assets of $6.6M (revenue -7.9% year-over-year).
- 2020: Revenue of $3.2M, expenses of $2.4M, and assets of $5.8M (revenue +26.8% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.3M, and assets of $5.4M (revenue -14.4% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.1M, and assets of $5.4M (revenue +42.7% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.1M, and assets of $4.3M (revenue +-0.0% year-over-year).
- 2016: Revenue of $2.1M, expenses of $1.8M, and assets of $4.6M (revenue +1.9% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.5M, and assets of $4.8M (revenue -22.5% year-over-year).
- 2014: Revenue of $2.6M, expenses of $1.5M, and assets of $3.8M (revenue +67.6% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.3M, and assets of $1.8M (revenue +20.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.1M, and assets of $1.1M (revenue +22.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $948K, and assets of $1.0M.
Data Sources and Methodology
This transparency report for Capital Roots Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.